Was this announced or is it just the usual Tuesday? Seems a bit excessive.
CPG
101 CPG employees from around the Country displaced effective October 31st via a Teams call today led by Vasquez. Offered very little HR info.
Tech Tuesday w/Ed O
I love it. People being actively laid off and this chucklehead host Tim H jibbering with Ed O about his Boat. Probably floats it down the street on the tears of his pleebs.
Everday Banking CSAM California
5 CSAMS in EDB got laid off today.
30 laid off in Conduct Management
People who've been here for decades going to be replaced by employees "offshore" so India and Philippines I assume.
Applying internally - current manager notified?
Back in the day, I don't think managers had visibility into their direct reports job applying activities. The manager was only made aware if an offer was extended. But now? I heard that managers receive a notification whenever one of their directs... — read more
CDAI layoff today
Announcements are being made
Huge Layoffs Happening Now
Multiple business lines under Michelle Adams org affected including in QA are being laid off today.
2 IM's and the door - Severance or not?
If you receive 2 IM's in a row, are you likely put on the displacement list to go next (with severance) or are you fired with cause, and not eligible for severance? #FHY
Unemployment
In California, can unemployment be filed on the last day of the notice period or does it have to be the next business day? Any former CA employees have advice to share? TIA!
194 + 35 + ....
Wells Fargo is displacing 194 Winston-Salem employees effective August 23. Also, is displacing 35 more in Des Moines in August. I hope to get the Golden ticket displacement soon. This Tuesday, August 5 (after payday) would be nice. Just saying.
Is it really that crazy to walk away from a good paycheck if the job is destroying your mental health?
I’m still here, but just thinking about work gives me panic attacks. It’s toxic and even though I don’t have anything lined up yet, I feel like I’m out of time. I’ve put my health last before and it never ends well.
Is 60 days non-working notice part of your severance weeks calculation?
Let's say you're layed off with 8 years, do you get 4 months+2 months of non-working notice or 2 months + 2 months of non-working notice as severerance?
Wave 4 Enhanced monitoring in effect
Enhanced monitoring/blocking for Wave 4 of Technology's Location Strategy is in place. All impacted employees will be blocked from: Sending external emails. Uploading content to the web. Printing at the office. Printing remotely. Using... — read more
Remote accommodation denied
Has anyone had their medical accommodation denied during the yearly recertification?
2 week notice instead of 30 or 60 days
What has been your experience of giving a 2 week notice?
Personnel file
I know that you can request a personnel file for an employee. My question out there for anyone who may know is, can you request one for yourself?
CEO is now the Chairman!
Good ol’ Charlie received $30 mill stock gift for helping lift the asset cap and is now being promoted to Chairman. What did we get? 27 shares, woohoo 🥳
Toxic Company & Mid-Level Management
I am still reeling from my mid-year performance review on Monday. I knew it was going to go the way it did but still had some hope the company would have an ounce of compassion given that I went through and am still going through the two hardest... — read more
Apply a lower level internal job
Can people apply a lower level internal position in a different area? For example, I’m P4 and can I apply a P3 role? Will this need any approval?
Cut list
If anyone has seen a lot of layoffs around them have you noticed a trend if only a few people in a group get cut? Like performance, tenure, seniority or salary ?
It's the Tuesday before a Friday payday. Who was laid off today ?
It's the Tuesday before a Friday payday. Who was laid off today with the reason that their skillset no longer matches the needs of the corporation ?
Voluntary layoff
HR just informed me I can request a voluntary lay off through my manager. Has anyone else heard of this?
31 branches shuttered in two months
I was honestly surprised by how fast the closures are happening. Thirty-one branches gone in just two months is no small thing. If I worked in a branch right now, I’d be nervous. It really does seem like they’re aiming to cut it all down to the... — read more
Whats my severance for working for 7 years here
What would be my package if i get laid off with 7 years of working here? Is it 2(weeks) * 7 (years) ? Meaning 14 weeks of pay and thats it ?
Non working leave
If you are on your 60 days non working leave , are you allowed to apply for other jobs within WF? What happens if you’ve already signed the severance agreement ?
CEOs Are Shrinking Their Workforces—and They Couldn’t Be Prouder
https://www.wsj.com/lifestyle/careers/layoff-business-strategy-reduce-staff-11796d66 This showed up in the WSJ today. Guess what dirt bag CEO had their photo first on the list... Charlie. Its behind a paywall so i'll paste what i can below.. ... — read more
The amount of favoritism at Wells Fargo is hard to ignore
Promotions don’t go to the most capable, they go to the most connected. It’s frustrating watching hardworking people get passed over because they don’t have the right last name or play the politics game well enough. Is there a way to get around this... — read more
Portland
What’s the word of layoff rounds. Anyone heard anything?
TD going to 4 days in office
They just announced it last week, they were at 2 days in office. Just fyi
Nearing 50, and honestly, I’m scared
I haven’t seen a single person in my immediate work circle make it past this age without being let go. And I keep hearing the same thing from friends and former colleagues - once you're over 50, finding a new job becomes incredibly difficult. It... — read more
Post layoff career transition services
Any one found career transition services useful other than ther one time resume review and bunch of events? I had been assigned to a very lazy unresponsive coach who never answers mails. Only communication I get from her are some general group emails... — read more
Wondering if I'll get my 2nd IM tomorrow for Mid-Year Review
Have my mid-year tomorrow and mid-level manager sc--wed me w/ a IM rating, flat base, and 15% bonus cut for 2024 full-year. Before that was always Exceeds and Meets and I had already given he-l for getting a Meets for 2023 when it was an Exceeds... — read more
How an Army of Middlemen Game the US Work Visa System
https://youtu.be/p_jjJMoPHVA?si=oDlcKtrQRs9Z_W-b 13 min video.
H1B Fraud
https://www.foxbusiness.com/media/jd-vance-calls-out-big-tech-firing-americans-while-hiring-cheap-foreign-h-1b-visa-replacements.amp
Not Enough Computer Usage
There's a new list monitoring low computer usage. Told by Tech manager. Just another way to rid employees. Has anyone heard about this?
Not enough work
Work in a LOB that will be laid off sometime before end of year. Our overseas replacements are up and running and now there's hardly enough work to go around. How does the bank benefit by holding on to a group of people who are, at this point, being... — read more
What’s a good salary for newbie P4 at NJ?
What’s a good salary for newbie P4 at NJ?